Aqua America Completes Two Solar Farms
Wayne, PA., February 8, 2012 — Dynamic Energy, a fully-integrated energy developer, is pleased to have partnered with Aqua America, Inc. (NYSE: WTR), one of the largest U.S. based water utilities, to engineer, procure and construct two solar farms in New Jersey.
Late last year, Aqua America’s New Jersey subsidiary constructed two solar farms at treatment facilities in Lopatcong Township, Warren County and in Gloucester Township, Camden County. The 400 KW facility in Lopatcong powers the company’s ultraviolet light water treatment plant and is expected to save the company more than $72,000 in electricity costs. The smaller 70 KW solar farm in Gloucester Township powers a well station where it is expected to achieve approximately $13,000 annually in electricity savings. Collectively, the New Jersey solar facilities offset the need for 940 barrels of oil annually, or avoid the equivalent of 926,000 car miles each year, or reduces CO2 emissions by 885,000 pounds annually. Read more about Aqua America’s dedication to solar energy on CBS News and the Philadelphia Business Journal.
About Aqua America
Aqua America is one of the largest U.S.-based, publicly-traded water utilities and serves almost 3 million residents in Pennsylvania, Ohio, North Carolina, Illinois, Texas, New Jersey, Indiana, New York, Florida, Virginia, and Georgia. Aqua America is listed on the New York Stock Exchange under the ticker symbol WTR.